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    Principles of Macroeconomics Study Set 13
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    Exam 13: Consumption and the Aggregate Expenditures Model
  5. Question
    Figure 13-6 -Refer to Figure 13-6. Let Y = Real GDP, AE
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Figure 13-6 -Refer to Figure 13-6. Let Y = Real GDP, AE

Question 181

Question 181

Multiple Choice

Figure 13-6 Figure 13-6   -Refer to Figure 13-6. Let Y = real GDP, AE = Aggregate Expenditures, C = Consumption, JI<sub>P</sub> = Planned Investment, G = Government Purchases. Further, I<sub>P</sub> and G are autonomous. What is the level of autonomous aggregate expenditures? A)  $800 billion B)  $1,000 billion C)  $1,600 billion D)  $3,200 billion
-Refer to Figure 13-6. Let Y = real GDP, AE = Aggregate Expenditures, C = Consumption, JIP = Planned Investment, G = Government Purchases. Further, IP and G are autonomous. What is the level of autonomous aggregate expenditures?


A) $800 billion
B) $1,000 billion
C) $1,600 billion
D) $3,200 billion

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